The Heart of Forex - Custom indicator, One chart, 26 pairs and 9 TFs

[FerruFx]

Hi all Forex Traders,

I am pleased to show you the new tool I coded. The Heart of Forex. This great tool shows the real current price move for all TimeFrames. Display up to 26 pairs and 9 TimeFrames on the same chart. With only one eye, you'll be able to watch, compare all similar pairs and then see if they agree for the same direction. You no longer need to switch between pairs and TimeFrames.

This tool is based only on the price move. No indicators or any others tools are used for the calculation of HoF. Only Price Action.

Whatever your trading style, it's very important to know if the price move is a small isolated one or if the correlated pairs move all together. The more the similar pairs agree, the more the move is real and good for catch some pips.

After observing this tool, you will be able to define which similar pairs move together for a strong move.



<--- Full board or only selected pairs and TFs --->



It displays up to 26 pairs and 9 timeframes:

EURUSD-GBPUSD-AUDUSD-USDJPY-USDCHF-USDCAD-EURJPY-EURGBP-EURCHF
EURAUD-GBPJPY-GBPCHF-AUDJPY-NZDUSD-NZDJPY-AUDNZD-CHFJPY-EURCAD
AUDCAD-CADJPY-EURNZD-GBPAUD-GBPCAD-AUDCHF-NZDCHF-CADCHF

M1-M5-M15-M30-H1-H4-D1-W1-MN

You don’t need to apply more than one HoF. It displays ALL selected pairs and ALL selected TFs on the same chart regardless which chart or TF it’s apply on.

Here is how it looks with some selected pairs:



Parameters settable by users:

• All text and square zones colors

• The timeframes you want to display

• Set a k to apply for each timeframe. In other words, increase the k numbers for the TFs you want give more importance

• The pairs you want to display

How to decrypt the Heart of Forex ?

5 different colors according to the current price move on a specific TimeFrame:

• BLUE : strong up move for this TimeFrame

• LIGHT BLUE : up move for this TimeFrame

• YELLOW : move is flat for this TimeFrame

• ORANGE : down move for this TimeFrame

• RED : strong down move for this TimeFrame

The values from -100 to +100 at the top of each column are strictly an average of all displayed TFs for a given pair. You can give more importance to some TFs by setting a k coefficient in the input parameters.

This k coefficient is very important according to your trading style. If you usually trade high TFs, you'll give more importance to these high TFs by setting a higher k. For those who like lower TFs (ie for scalping), then set a higher k for these small TFs.


Want to be a real successful trader? more info here ... and you'll catch the next move!!!

Feel free to contact me if you have any question.

I wish you a lot of pips.

FerruFx

[ProfTrader]

Sharing it or selling it? Price, guarantee?

[FerruFx]

Originally Posted by ProfTrader

Sharing it or selling it? Price, guarantee?

I sell it ... This thread is in the commercial section.

As any forex tool, there's no guarantee of results. The market is the boss. Let's try to mate it little bit better.

Thanks for your interest.

FerruFx

[FerruFx]

WOW ... When I started the release of this tool 1 week ago, I didn't expected a so quick response and interest.

Thanks to all for your confidence.

FerruFx

[FerruFx]

I started a special offer today on the website.

Thanks again for your confidence.

FerruFx

[FerruFx]

Again a great thanks to all 200+ users of my trading tools.

Very much appreciated your feedback sent last few weeks. It motivated me to continue this way by developping others great tools.

Thanks for your confidence.

FerruFx

[heartnet]

the special offer will end?

[FerruFx]

Yes ... end will be in ... 1min !

More seriously: not yet.

FerruFx

[heartnet]

so it will tell the percentage of trend?what,s the different from Ferrufxmultiindichart

[FerruFx]

Originally Posted by heartnet

so it will tell the percentage of trend?what,s the different from Ferrufxmultiindichart

There's no % in the Heart of Forex tool. Do you refer to the Probability Meter?

If yes, it is totally different from the FerruFx_Multi-Indic as its calculation is based on many indicators, TFs and also current price action. The FerruFx_Multi-Indic is a small part of the Probability Meter calculation. You can see it on pic named "Multi-Info+".

Hope that helps.

FerruFx